TOKYO, (Reuters) – Toyota Motor estimates it could cost 1 trillion yen ($6.4 billion) annually from 2028 to modernise its factories as the world’s biggest carmaker accelerates automation and robotics deployment.
Across the industry, automakers are turning to robotics to cut costs and address ageing infrastructure and labour shortages, a strategy that analysts say could open a growth avenue beyond vehicle manufacturing. Continue reading “Toyota estimates factory automation could cost $6.4 billion per year from 2028”